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The credit unions had bought $976 million of Puerto Rico bonds and notes, which they alleged they were coerced to purchase by Puerto Rico government and its agencies.
January 6 -
Pension laws had been perhaps the key issue that could have scuttled the island's debt restructuring deal.
December 28 -
The issue is the power of the Oversight Board over several locally passed pension laws the board says might make the Plan of Adjustment unfeasible.
December 13 -
No consensus on whether the judge will make changes to the plan before approval.
November 24 -
The Oversight Board argued legal issues with bondholders, pensioners, credit unions, and others at Monday's Plan of Adjustment confirmation hearing.
November 16 -
While this hurdle has apparently been cleared, the road to approval for the Plan of Adjustment remains bumpy.
November 5 -
The Puerto Rico Bankruptcy Judge on Friday ordered a meeting for Monday between the Oversight Board, lawmakers, the governor and creditors to discuss possible alternatives.
October 22 -
While the Puerto Rico House passed it, the Senate set a Thursday vote to ensure passage.
October 20 -
Swain said she would review the consistency of the proposed Plan of Adjustment with the certified fiscal plan in deciding whether to approve it.
October 6 -
The board wants the deadline for retail bondholders to vote on the Plan of Adjustment to remain Oct. 18.
October 5